451 Milwee St | Longwood, FL 32750
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451 Milwee St
Longwood, FL 32750
Longwood Medical Center - Hospital Adjacent · Office Property For Sale
Investment Highlights
- 9,000 SF Medical Building | Adjacent to Orlando Health South Seminole Hospital (206 Beds)
- Priced Well-Below Replacement Cost ($220/SF)
- Direct Frontage & Monument Signage on W State Road 434 (42,000 AADT)
- Value-Add Upside Through Vacancy & Below Market Rents
- Orlando Health Plans to Redevelop the South Seminole Campus Into “Healthcare Hub”
- Five Mile Demographics: 200,293 Population; $96,452 AHI
Executive Summary
Prime value-add opportunity with upside through vacancy and below market rents
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
9,000 SF
Building Class
C
Year Built
1983
Price
$1,735,000
Price Per SF
$193
Cap Rate
4%
NOI
$69,415
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,500 SF
Slab To Slab
10’
Building FAR
0.29
Lot Size
0.71 AC
Zoning
C-3, Longwood - Commercial
Parking
24 Spaces (2.67 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
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